At their meeting in Basel this month, the Governors of the central banks of the Group of Ten countries appointed Roger W Ferguson Jr as Chairman of the Committee on the Global Financial System (CGFS). Ferguson is Vice Chairman of the Board of Governors of the Federal Reserve System. The appointment is for a term of three years starting on 11 March 2003. Ferguson succeeds Yutaka Yamaguchi, Deputy Governor of the Bank of Japan, as CGFS Chairman. The CGFS is a central bank forum for monitoring and examining broad issues relating to financial markets and systems with a view to elaborating policy recommendations to support the central banks in the fulfilment of their responsibilities for monetary and financial stability.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.